Re-Establish Your Credit With A Loan

Bad credit can be a difficult predicament to shake. If you have a low credit score due to bankruptcy or another unfortunate event, you may feel that you are doomed to have bad credit for the next several years. The thought of rebuilding your credit score can seem daunting. Luckily for you and people in your position, however, there are simple ways to better your credit score. If you would like to re establish your credit, get a car loan. All you have to do is find a lender who is willing to work with you. You might not believe it, but there are lenders who are able to grant loans to people with bad credit.


If you do not know where to begin looking for a lender, research companies that offers loans to people with a poor credit score. You may worry about being ineligible, but some lenders will be able to offer you a loan even if you have filed for bankruptcy or you have been through repossession. Contact a lender and let them know you are interested in getting a car loan and reestablishing your credit. You will most likely have to go through a simple application process. Once you have completed your application, your lender can approve you for a bad credit car loan in Ottawa and get you into a car.


Getting a car loan is a good way to rebuild your credit, but only if you make all your payments on time. As long as you are diligent in repaying your loan, your credit will slowly begin to repair itself. If you need more motivation to make your payments on time, consider that fact that if you make your loan payments in a timely manner your lender may be able to work with you to lower your interest rate over time. If you communicate with your lender throughout this process and are honest with yourself about what kind of monthly payments you can afford, getting a car loan in Ottawa will put you on the path to reestablishing your credit.

Getting Ready for Winter Driving


When severe winter conditions strike, sometimes it is best just to stay at home.  That being said, if you must hazard dangerous driving conditions, the importance of winter tires and good driving skills cannot be overstated.  You can reduce your risk of having an accident by following these safety and preventative maintenance options:


The importance of winter tires


Tires that perform well in the snow will have at least 6/32” deep tread.  For new cars, the tread will normally be 10/32”.  ‘All-Season’ tires do not always have great snow traction.  If you are considering purchasing a set, make sure they have a ‘snowflake on the mountain’ image on the sidewall.  This means they meet or exceed the industry standard for snow traction among ‘all-season’ tires.  Keep your tires rotated and balanced regularly.


Maintain Visibility


Keep your windshield and all windows clear of snow and frost and grime, including your mirrors.  When your car is covered in snow, do not be tempted to simply remove the snow lying on your windshield.  Get the snow off your roof and hood.  As the car warms, the surface of the roof heats up and causes the snow there to begin to slide.  Coming to a sudden stop will cause that snow to slide over your windshield and block your vision.  Make sure your windshield wiper blades work properly and that any ice is removed from the blades.  It is a good idea to keep the wiper blades in the upright if you must park your car in elements.  This keeps them from getting iced over.


Check your lights.


On a weekly basis, visually inspect all of your exterior lights.  Newer cars will have sensors to let you know when a bulb has failed.  Even if your car does have these sensors, it is a good idea to check to make sure the covers of all lights are not cracked or broken.  It is also a good idea to have a mechanic adjust your headlamps to make sure they are casting light at the right angle.


Know how to use your brakes


If your vehicle has anti-lock brakes (ABS), the simple rule is: stomp, stay and steer.  This means you stomp on the brake pedal as hard as you can.  You stay on the brake pedal as you steer your vehicle around the obstacle.  If you are driving on icy roads, after you stomp the brakes, you will hear the braking system working and pulsing.  Ease up on the pedal just a little until you feel the pulsing occur once a second.


No matter how good a driver you may be or how well your vehicle has been prepared, some winter conditions simply are not navigable.  Understanding that keeping your vehicle in good shape, especially realizing the importance of winter tires will help keep you safe and sound if you must go.

If you are shopping for a low interest car loan in Ottawa, Loan Doctor has you covered. We offer car loans and bad credit car loans in Ottawa. New credit, bankruptcy, slow credit,  or new to the country are welcome to apply

Used Trucks From Loan Doctor

Are you in the market for a used truck, but don’t know where to begin your search? Come on down to take a look at the amazing used trucks that we currently have on our lot. We’re happy to help you find the right used truck for your needs – and can help to ensure that your used truck will last for years to come.

Here are a few of the top reasons why we recommend buying your used truck from us:

Huge selection

There are many different types of used trucks that are available on the market and each of these used trucks comes with special features and capabilities. Some of our used trucks are capable of hauling large items, such as boats or trailers. Other used trucks are designed to carry all of your friends. In order to find the right used truck for your needs, it’s important that you have a huge selection to choose from.


Whenever you buy a used truck, it is important that you can rely on the used truck to be safe and durable for years to come. We thoroughly inspect each used truck in our inventory before putting it on our lot to help ensure that the used trucks that we sell are going to provide our customers with that reliability and longevity. Make sure that you always buy a used truck only after it has been inspected so that you know you can depend on the used truck to last.


While we are confident that every used truck we sell will be reliable and last for years to come, we are always aware that something unexpected could happen to the used truck. For that reason, we make sure that every customer has a warranty for the used truck that they buy from us. This warranty helps our customers have peace of mind that we will help to fix the problems that befall the used truck at no cost to the customer. Many issues are covered by the warranty, but be sure to ask us about details and options.

Contact us today to learn more about our fantastic line-up of used trucks. If you are looking for auto loans in Ottawa, Loan Doctor offers car financing, even no credit or bad credit car loans in Ottawa. Visit us today at

Looking To Re-Establish Your Credit Rating?


If you have bad credit or no credit but still need to buy a car, chances are good that you are concerned about whether or not you will be able to qualify for a car loan in Ottawa. The good news is that when you apply for a car loan with our dealership, you can be sure to get one regardless of whether you have bad credit or good credit.

Here are a few things that you need to know in order to get an excellent car loan for a reliable car that will last for years to come:

Understand credit

Before you apply for a car loan, it’s important to understand what credit is and why credit is an important factor in your car loan in Peterborough. Credit is an accumulation of points related to your past financial decisions. When you have a history of making wise financial decisions, you will have positive points attributed to your credit. However, if you have made bad financial decisions or do not have a long credit history, then you will have negative points applied to your credit.

How credit impacts a loan

Based on your credit score, lenders will determine how much of a loan to give you and what interest rate to apply to that loan. If you have a good credit score, you may be able to qualify for a higher loan and lower interest rate. If you have a bad credit score, you will still qualify for a loan with us, but you may qualify for a smaller loan and a higher interest rate than those customers with good credit. Keep in mind that you will still be able to get a safe and reliable car from us even if you do have limited credit opportunities – so don’t worry about that aspect!

How to apply

Whenever you take out a car loan, you’ll need to start the process by completing a credit application. The credit application is designed to provide us with information about your credit history and current financial situation. Based on your credit application, we’ll be in a better position to design a loan program that suits your budget and lifestyle without being difficult for you to afford. You can start this process online using our online credit application.

Contact us today to learn more about how you can qualify for a no credit or bad credit car loan in Ottawa today!

How Credit Impacts Car Loans

Credit is one of the most important considerations that lenders will have to take into consideration when they offer car loans to buyers. Credit is something that everyone has  – and has to learn to manage. There’s no way around it; your credit will impact your car loan rate and amount.

Here is some more information about credit and about how it impacts your car loan in Ottawa:

Credit is a story

Credit is like a story – telling lenders more about how you have behaved from a financial perspective. By reading this story, lenders will get a better idea of what your lifestyle is like, what your financial approach has been, and maybe a little bit more about your personal characteristics. Whenever possible, it’s important to make sure that the story stays positive. To make sure the story stays positive, buyers should always keep their debts low, repay their loans on time and in full, and be as stable as possible in all aspects of their lives (including their jobs and living environments).

A good story gets rewarded

If you are able to write a good credit history – or story – then you will be rewarded by having better financial opportunities from lenders. If you have good credit, you will likely qualify for a higher loan amount and lower interest rate on that loan. On the contrary, if you have bad credit, you may have to work with a lower loan amount and a higher interest rate.

The story can change

Your credit can go from good to bad or bad to good with just a few decisions. Therefore, it’s important that you have a wealth of information in front of you so that you can make wise decisions. For example, if you want to improve your credit, then getting car financing in Ottawa may help. You will repay the car loan, which will show lenders that you are able to be financial responsible when a huge financial commitment is involved. However, if you fail to repay the car loan, your good credit could just as easily go bad.

The story never disappears

While the credit history story may change and go through peaks and valleys, it never disappears. This is another reason for why it’s important to develop a history of making the best possible and most positive financial decisions.

Contact us today   for more information about credit – or to learn about how to get a car loan regardless of your current credit situation, we can get you approved for your bad credit car loan in Ottawa today